Practice Insights and News

Practice Insights & News


As a financial advisor, you wear multiple hats. On any given day, you’re working with clients to plan their financial futures and managing the non-revenue-producing aspects of your business, such as office logistics and staff.

Waddell & Reed has built a reputation on offering independent financial advisors resources to help them pursue their success. We’re pleased to share the same insight with you as you explore the financial advisor career or consider Waddell & Reed as the career home for your existing practice.

Top advisors value opportunity to network, collaborate at forum

Every October, a select group of financial advisors meet at Waddell & Reed’s corporate headquarters in Kansas City to network, collaborate and share ideas on the changing industry environment.

Resources at your fingertips

Waddell & Reed makes it easy to augment communication and marketing efforts during industry-specific events by offering client-focused materials and advisor education.

Develop and protect your culture.

Create a culture that reflects who you are and positively positions your business.

Create operational efficiencies to function optimally.

Spend more time with clients when your business runs effortlessly.

Consider your successful succession plan.

A succession plan can help you prepare for almost all future scenarios so that your practice continues as desired.

Build your personal marketing plan.

As a financial advisor and a small business owner, setting goals and developing a plan to achieve those goals are key to your success.

Expand your digital footprint

You’re connected in all kinds of ways. As a financial advisor, you have to be. But are you really embracing technology in a way that lifts AUM?

Be a leader without being a boss 

Leaders are everywhere. And guess what? Many of them are the boss of no one. They’re individual contributors, teachers, volunteers, students. And they’re financial advisors.

Hiring staff NOT the reason you became a financial advisor

Think about why you became a financial advisor. Your reasons might include a desire to help people or intrigue in investing. Definitely NOT on your list: hiring staff, negotiating office leases, purchasing office equipment.

Top producing financial advisors gather at Circle of Champions

In June, more than 600 Waddell & Reed-affiliated independent financial advisors gathered at the JW Marriott Phoenix Desert Ridge Resort & Spa to celebrate, learn and look forward.

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